FinTech News

The Australian banking sector is expected to spend AU$18.5bn on tech in 2020

FinTech is changing banking Down Under and next year might see the sector reach new heights, according to research firm Gartner.

Aviatrix closes $40m Series C round led by CRV

Aviatrix, a provider of networking and security services for the cloud space, has raised $40m in its Series C.

GIACT launched new identity monitoring solution gIDENTIFY

Identity verification RegTech GIACT has launched, gIDENTIFY Persistent Monitoring, a new identity monitoring solution that automates the monitoring of specific personally identifiable information (PII).

Regulators must punish traditional and challenger banks harsher to avoid IT failures, Treasury committee...

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.

Data analytics platform RavenPack scores $10m in funding

RavenPack, a data analytics platform for financial institutions, has scored $10m in funding from technology advisory and investment firm GP Bullhound.

IDnow secures $40m in a growth equity round as it pursues growth ambitions

IDnow, an identity verification-as-a-service solution, has collected $40m in a growth equity investment from private equity firm Corsair Capital.

Jumio Go is a new tool to verify identities in a smooth way

After partnering up with TSB Bank earlier this year, Jumio is now announcing its latest identity-verification tool.

StepLadder raises £1.5m in seed funding

StepLadder, a UK-based FinTech helping first-time buyers to buy a property, has reportedly raised £1.5m in seed funding.

Identity checking startup Zamna raises $5m

Zamna, the blockchain-powered identity-checking startup, has raised $5m in a seed round led by venture capital firms LocalGlobal and Oxford Capital.

Nearly 50% of wealth managers to close if digital transformation is ignored – Nucoro

Just over half of the companies in the wealth management sector will still be around in 10 years-time if they fail to innovate digitally, according to new research from B2B solution developer Nucoro.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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